Starting a new clothing line
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 20% |
| Lender Rate: | 19% | Borrower: | justjesus |
| Finished | State: | AL | |
| Funded: | 100% | Group: | AA-C Rated Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-08-31 | EricsCC ROI: | 18% |
| Status History | |
|---|---|
| Aug 31, 2007 | Current |
| Jul 16, 2008 | Late |
| Aug 01, 2008 | 1 month late |
| Aug 24, 2008 | Current |
| Aug 30, 2008 | Payoff in progress |
| Sep 04, 2008 | Paid |
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Purpose of loan: (explain what you will be using this loan for) I am starting a new clothing line in which i will manufacture and sell shirts only. The logo and name of this company will promote the most positive name in the world...Jesus. I, along with several other Ministers and Pastors have already gotten a very positive response from several of the men and women in the faith. We are in touch with several Pastors and Bishops who are over congregations as large as 20,000 members, as well as those who are over 200 members. People not only want to promote something positive, they want to know who (owners) they are supporting, they get a great product for a fraction of what they currently pay now, and they will see their dollars at work in the community. We are currenly purchasing shirts through a third party vendor but we desire to manufacture our own clothing. My financial situation: (explain why you are a good candidate for paying back this loan) I am good candidate for paying back this loan because after I receive 5% funding, the loan will be fully funded, and those who give to this company shall prosper. I didn't start this clothing company to seek my own vain glory but that through what I am doing, God would be glorified, Jesus would be acknowledged, and people will be saved. Monthly net income: $ 3600 Monthly expenses: $ Housing: $ 695 Insurance: $ include Car expenses: $ 466 Utilities: $ 325 Phone, cable, internet: $ 98 Food, entertainment: $ 250 Clothing, household expenses $ 200 Credit cards and other loans: $ 400 Other expenses: $ 400 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 182538 | Starting a new clothing line | C | $20,000 @ 25% | Aug 06, 2007 | Withdrawn |
| 187115 | Starting a new clothing line | C | $20,000 @ 25% | Aug 14, 2007 | Withdrawn |
| 188190 | Starting a new clothing line | C | $15,000 @ 26% | Aug 16, 2007 | Withdrawn |
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